Author: dailyguardian.ae
The global FinTech sector is rapidly growing and is predicted to be valued at $608 billion globally by 2029, according to Mordor Intelligence, a market intelligence and advisory firm. The Middle East and North Africa (Mena) region’s FinTech start-up and venture capital landscape is booming, with over 800 FinTech start-ups worth $15.5 billion, according to data by dealroom.co. With these in focus, the Dubai FinTech Summit kicked off on Monday. Organised by DIFC, the Summit brings together 8,000 decision-makers, over 300 thought leaders and more than 200 exhibitors to discuss the latest innovations and challenges and showcase cutting-edge technologies. Dubai…
Ukrainian Olympian and two-time European champion Oleksandr Pielieshenko has died on the frontlines of Russia’s war in Ukraine at age 30, the Ukrainian Weightlifting Federation (UWF) said on Monday. Pielieshenko ranked fourth at the Rio 2016 Olympics in the men’s 85 kg category and won gold at the sport’s European championships in 2016 and 2017. He was banned after failing a drug test in 2018. “It is with great sadness that we inform you that the heart of merited master of sports of Ukraine… Oleksandr Pielieshenko has stopped beating today,” the UWF said in a post on Facebook. “We express…
Maktoum bin Mohammed opens second edition of Dubai FinTech Summit Summit brings together more than 8,000 industry leaders from over 100 countries to discuss the future of FinTech and unlock new opportunities Second edition of the Dubai FinTech Summit highlights the ongoing transformation of the technology-led financial sector His Highness: Dubai provides a unique environment for FinTech companies to leverage new growth opportunities in this rapidly growing sector “We have created a dynamic ecosystem for the FinTech industry to thrive, in line with the goal of the Dubai Economic Agenda D33 to establish the emirate as one of the top…
Two NASA astronauts are making final preparations before the first crewed launch of the new Boeing Starliner capsule, which will launch from Space Launch Complex-41 at Cape Canaveral Space Force Station in Florida later tonight, Monday May 6. Butch Wilmore and Suni Williams are scheduled to launch at 10:34 p.m. ET (here’s how to watch), with a Alliance Atlas V rocket launching the Starliner for its test flight to the International Space Station (ISS). The weather looks food for the launch tonight with 95% chance of favorable conditions, so Wilmore and Williams have been suiting up in the new Starliner…
The Ajman Police arrested a suspect accused of murder and arson on Monday, within 10 minutes after he started a massive fire in a store in the emirate’s industrial area. According to the police, he stabbed an Asian woman to death and seriously injured three others of Asian nationality. Lieutenant-Colonel Saeed Ali Al Madhani, Deputy Director of the Operations Department at Ajman Police, said that the operations room received a report about the murder of a woman and a fire in a commercial store. Stay up to date with the latest news. Follow KT on WhatsApp Channels. Police teams rushed…
Aid groups warned on Monday that Israel’s demand that Palestinians leave part of the southern Gaza city of Rafah could be “catastrophic” in the absence of a clear evacuation plan. The evacuation order affected 100,000 people in eastern Rafah, according to the army, out of 1.2 million who are sheltering across Rafah. Many of them have been displaced from other parts of Gaza due to the Hamas-Israel war. Stay up to date with the latest news. Follow KT on WhatsApp Channels. Israeli officials, led by Prime Minister Benjamin Netanyahu, have vowed for months that troops would launch a ground offensive…
Microsoft is training a new, in-house AI language model large enough to compete with those from Alphabet’s Google and OpenAI, the Information reported on Monday. The new model, internally referred to as MAI-1, is being overseen by recently hired Mustafa Suleyman, the Google DeepMind co-founder and former CEO of AI startup Inflection, the report said, citing two Microsoft employees with knowledge of the effort. The exact purpose of the model has not been determined yet and will depend on how well it performs. Microsoft could preview the new model as soon as its Build developer conference later this month, the…
West Ham United manager David Moyes will leave the east London club by mutual consent upon the expiry of his contract at the end of the season, the Premier League club said on Monday. The 61-year-old former Manchester United and Everton coach, who returned for a second spell at the London Stadium in 2019, guided West Ham to their first major trophy since the FA Cup in 1980 when they won the Europa Conference League last season. Spanish manager Julen Lopetegui has been heavily linked to replace Moyes at West Ham. Lopetegui, 57, last managed Wolverhampton Wanderers, while previously having…
Maktoum bin Mohammed engages with global policy makers and financial industry leaders at the second Dubai FinTech Summit Meetings explore global cooperation and exchange of expertise in urban financial infrastructure, capital markets and FinTech, and new industry growth opportunities generated by Dubai Government of Dubai Media Office – 06 May 2024: His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance of the UAE, and President of the Dubai International Financial Centre (DIFC), today met with global policymakers and financial industry leaders on the sidelines of the second…
Walmart frequently has some of the best TV deals out there, and that’s the case today with a sweet deal on a Hisense 50-inch R6 4K TV. Usually $258, it’s currently down to $228 making it even better value than before. It’s the ideal TV for anyone on a tight budget or for those people looking for a new TV to add to their den, child’s bedroom or even kitchen. Here’s what you need to know before you buy it — but bear in mind that the deal is proving very popular already so it will likely end soon. Why…